Housing Market
News covering issues affecting the UK residential property market, house prices, interest rates and buying and selling trends.
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Bank decision on interest rates this week
The Bank of England is expected to hold the Bank Rate at 3.75% again for fifth time in a row.
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First-time buyer demand drops amid supply shortage – Yopa
Yopa’s Verona Frankish says first-time buyers are actively looking to enter the market when the right opportunities are available.
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London ‘remains attractive’ for international buyers
The Capital is well priced compared with other global city destinations, according to a new report.
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Buyers save 47% living next to elite postcodes, claims Lloyds
Homebuyers may find value right next door to Britain's most sought-after areas, says Amanda Bryden, Head of Mortgages at Lloyds.
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Property Tax petition hits 100,000 signatures
Petition calls for Council Tax and Stamp Duty to be replaced with a new tax, where homeowners pay 0.48% of a home’s value every year.
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Buyers want energy-efficient homes without the premium
Homebuyers want to understand the actual running costs of a property beyond the EPC, according to LRG’s Neil Louth.
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Estate agents back Government homebuying reforms
Colby Short, of GetAgent, says 95% of agents throw their weight behind the proposed reforms to homebuying.
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Street secures new investment from major software backer
Agents can expect more product development following new investment in Street, says Heather Staff.
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House price growth slowed in May, says Land Registry
Has the summer lull started early? How the market reacted to the latest Land Registry House Price Index.
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June Consumer Prices Index: Inflation eases but will it last?
The inflation rate is moving closer to the Bank of England’s 2% target but it may be a temporary slowdown.
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